Advanced Visualization Solution System for Neurology Market: Increase in Cases of Neurological Abnormalities Across the World to Drive the Market
Advanced Visualization Solution System for Neurology Market: Introduction
- Advanced Visualization Solution (AVS) system has revolutionized the standard of surgery by providing two-dimensional or three-dimensional view of data.
- It actually decreases light exposure to eye, reduces light toxicity to the viewers, improves the ergonomics of surgeons, and provides a three-dimensional view of the human anatomy
- The key components of an advanced visualization solution system are a HDR (high dynamic range) camera, high speed graphics processing unit, three-dimensional display, and three-dimensional glasses. The HDR camera facilitates surgeons with excellent resolution, improved image depth, remarkable clarity, and contrast of image.
- The images of human anatomy are processed by the high speed graphics processing unit. A 3D display, which consists of light emitting diode, provides a real-time image of the human anatomy. Surgeons view the real-time 3D images of human pathology through 3D glasses.
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Key Drivers, Restrains, and Opportunities of Global Advanced Visualization Solution System for Neurology Market
- The advanced visualization solution system for neurology market is driven by an increase in cases of neurological abnormalities across the world, treatment and diagnosis rate of the neurological abnormalities, rise in demand for digitizing patient data, and improving healthcare infrastructure
- Increased innovations and technological advancements in advanced visualization solution system are likely to augment the AVS system for neurology market
- However, high equipment cost and lack of trained personnel are estimated to restrain the advanced visualization solution system for neurology market during the forecast period
- Merger and acquisition activities and R&D investments are likely to provide advanced visualization system for neurology market significant opportunities during the forecast period.
North America to Capture Major Share of Global Advanced Visualization Solution System for Neurology Market
- Geographically, the global advanced visualization solution system for neurology market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
- North America accounted for a significant share of the global advanced visualization system for neurology market in 2020. The market in the region is expected to expand at a significant growth rate during the forecast period due to an increase in geriatric population, rise in cases of various neurological abnormalities, high diagnosis rate of neurological diseases, well-established healthcare infrastructure, and presence of market leaders and availability of products.
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- Europe held the second-largest share of the global market in 2020, due to the high rate of diagnosis of neurological diseases, rise in preference for minimally invasive procedures offering less pain and faster recovery, and presence of major players in the region
- Asia Pacific accounted for the third-largest share of the global market in 2020. The advanced visualization system for neurology market in the region is expected to expand at a notable CAGR during the forecast period, owing to a rise in number of hospitals and increase in awareness about diagnostic procedures for neurological disease conditions.
- High equipment cost, low medical awareness, low diagnosis rate of neurological diseases, and weak healthcare infrastructure are likely to restrain the advanced visualization solution system for neurology market in Latin America and Middle East & Africa during the forecast period
Key Players Operating in Global Advanced Visualization Solution System for Neurology Market
The global advanced visualization solution system for neurology market is highly concentrated due to the presence of key players. A huge number of manufacturers hold a major share in their respective regions. Growth strategies adopted by leading players are likely to drive the global advanced visualization solution system for neurology market.
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Major players operating in the global advanced visualization solution system for neurology market are listed below:
- GE Healthcare (GENERAL ELECTRIC COMPANY)
- Ziosoft (Qi Imaging)
- Terarecon, Inc.
- Koninklijke Philips N.V.
- Vital Images, Inc. (Canon Group)
- Invivo Corporation
- Siemens Healthineers
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